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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they process their transactions in a source system. You have been appointed as a consultant to implement Accounting Hub Cloud and standardize their accounting process. You decide to register their source system as a single application in Accounting Hub Cloud. Your customer wants to know the changes that are allowed after registering a source system.
Which THREE actions can be performed after registering a source system?

A) Modify the subledger application name as long as there are no pending accounting entries
B) Revise source names and add more sources through the user interface
C) Assign a named segment from the chart of accounts to the sources that correspond to the accounting flexfield identifiers
D) Assign and update value set and lookup type assignments to sources
E) Add new event classes through the user interface

2. Which transaction source is used to link transaction header and line information?

A) Transaction Key
B) Transaction Type
C) Transaction Date
D) Transaction Number

3. You are implementing Accounting Hub for one of your client organizations in the US. The organization has two legal entities, loans and insurance. Both the legal entities have agreed to share the same chart of accounts and convention. However, the loans legal entity will use the January to December calendar, while the insurance legal entity will use the July to June calendar.
How many primary ledgers will you create to achieve this requirement?

A) Two
B) Three
C) Four
D) One

4. Your client deals in Banking, Insurance, and Stock Trading. They have separate transaction systems to process their transactions. You have been appointed as a consultant to implement Accounting Hub Cloud to streamline and standardize the accounting process for each of the source systems.
The client wants to generate the following accounting entries:
* Banking-related transactions on a daily basis
* Stock trading transactions on alternate days
* Insurance transactions on a weekly basis
Considering the nature of business, frequency of generating accounting entries, and the load on the system, how many source systems would you suggest?

A) Two
B) Three
C) Four
D) One

5. You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?

A) It adjusts the original source transaction
B) It is intended to correct only the subledger journals that have been posted
C) It provides an audit trail by preserving the original subledger journal entry
D) It allows users to record a reason for the adjustment

Solutions: